PERTH, WESTERN AUSTRALIA — (Marketwire) — 08/26/11 — Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) ("Paladin" or the "Company") notes that its directors are pleased to advise that the financing documentation required for the Stage 3 expansion has been finalised and executed. The Stage 3 expansion of Langer Heinrich Mine in Namibia will increase production to 5.2Mlb pa from its current capacity of 3.7Mlb pa.The initial development funding for the project has been via Paladin-s
PERTH, WESTERN AUSTRALIA — (Marketwire) — 08/26/11 — Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) ("Paladin" or the "Company") advises that, in the course of the upgrade work currently being carried out during the planned maintenance shutdown at Kayelekera (as advised in the June quarter report), the drying and packaging plant (D&P plant) has been closely inspected for damage caused by localised movement related to previously advised land slippage. As a result, Paladin d
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/26/11 — Silvercorp Metals Inc. (TSX: SVM)(NYSE: SVM) ("Silvercorp" or the "Company") announces that to date, pursuant to its normal course issuer bid ("NCIB") announced on June 17, 2011, it has acquired a total of 1,624,233 of its common shares at an average price of CDN$8.18.The Company is purchasing its own shares because it believes that prevailing market conditions have resulted in Silvercorp-s shares being un
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/26/11 — GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W)(BERLIN: M1W) ("GoldQuest" or the "Company") announces that the board of directors has authorized the grant of an aggregate of 2,875,000 incentive stock options (the "Options") to directors, officers and employees of GoldQuest and a consultant performing investor relations activities, at an exercise price of $0.20 per share. The Options are exercisab
Conference Call and Webcast at 9:00 a.m. EDT Today – All-cash offer of $3.75 per Hathor share – Premium of 40% over Hathor-s closing share price and 33% over Hathor-s 20-day volume-weighted average price as at August 25, 2011 – Immediate liquidity and elimination of risk for Hathor shareholders – Investor conference call today at 9:00 a.m. EDT
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/26/11 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to announce new assay results from diamond drilling at the Magambazi gold discovery on the Company-s Handeni Project in the United Republic of Tanzania.Seven diamond drill rigs continue drilling at Magambazi, where the recent focus is on delineation and extension of known mineralization at the Main, Western, Cave and Southern Gneiss lode
TORONTO, ONTARIO — (Marketwire) — 08/26/11 — The Board of Directors of Augen Gold Corp. ("Augen Gold" or the "Company") (TSX VENTURE: GLD) announces with regret the resignation of J. David Mason, founder, president, and CEO of Augen Gold, as director and officer of the Company, effective immediately.Mr. Carmelo Marrelli, Augen Gold-s CFO, will act as interim Chief Operating Officer of the Company.The Board wishes to recognize the contribution of Mr. Mason, and thanks him
WELLINGTON, NEW ZEALAND — (Marketwire) — 08/26/11 — Glass Earth Gold Limited (TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth") reports high grade gold assays for two additional drill holes on the WKP gold/silver prospect near Waihi, New Zealand (North Island). At WKP South, DDH 29, the first hole drilled in this new target zone, marks a new gold discovery on the prospect.The WKP gold/silver prospect is a joint venture with Newmont Mining (65%) and Glass Earth (35%).NEW TARGET ZONE – &
TORONTO, ONTARIO — (Marketwire) — 08/25/11 — Nyrstar NV ("Nyrstar") today announced that 82,760,567 common shares ("Breakwater Shares") of Breakwater Resources Ltd. (TSX: BWR)(TSX: BWR.WT.A) ("Breakwater") (which represent approximately 92.3% of the issued and outstanding Breakwater Shares on a fully diluted basis) have been validly deposited and taken up under the offer by Nyrstar to acquire all of the Breakwater Shares (the "Nyrstar Offer").The Nyrs
RENO, NEVADA — (Marketwire) — 08/25/11 — Litewave Corp. (OTCBB: LTWV) is pleased to announce the nomination of new directors and officers to supplement its Board. The Company would also like to provide a corporate update to its shareholders.New ManagementEffective immediately, Mr. David Grand will be replacing Mr. Frank Dumas in his duties as President and Chief Executive Officer. Mr. Mark Billings, Chief Financial Officer, will be replaced by Mr. Denis Petke. Messrs. Dumas and Billings, wh
